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The Latest Breaking News from NYSE

3 REITs To Fight Off Continued High Inflation

The long stretch of historically low interest rates may have benefited real estate more than any other sector. Cheap debt has a direct impact on cash flow, which means more capital to grow and more cash to distribute to shareholders.

Benzinga

Shaw Communications Suffers 2% Revenue Decline In Q2 As Omicron Variant Peaked In Canada

Shaw Communications Inc (NYSE:SJR) reported a second-quarter FY22 revenue decline of 2% year-on-year to C$1.36 billion. EPS was C$0.39. Adjusted EBITDA declined 0.8% to C$632 million, and the margin expanded by 60 bps to 46.5%. Wireline revenue decreased 1.3% Y/Y to C$1.04 billion, and Wireless revenue decreased 3.9% to C$323 million. The Wireless…

Benzinga

CNBC's Final Trades: Vertical Aerospace, Target, Dutch Bros And This Top IT Consulting Company

On CNBC’s “Halftime Report Final Trades,” Jon Najarian chose Vertical Aerospace Ltd (NYSE: EVTL).

Benzinga

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Cameco Shares Could Continue Their Upward Trajectory

Shares of Cameco Corp (NYSE: CCJ) Tuesday climbed over 1% on Tuesday, adding to recent gains and taking the stock higher by more than 36% year to date.

Benzinga

Why Cathie Wood's Ark Has Substantially Reduced Its Twitter Stake

Ark Invest, the fund run by Cathie Wood, has been gradually trimming its position in Twitter, Inc. (NYSE: TWTR) since the start of the year.

Benzinga

GlaxoSmithKline Scoops Up Rare Cancer-Focused Sierra Oncology In $1.9B Cash Deal

GlaxoSmithKline plc (NYSE:GSK) has agreed to acquire Sierra Oncology Inc (NASDAQ:SRRA) for $55 per share in cash, representing an approximate total equity value of $1.9 billion (£1.5 billion). Sierra's momelotinib complements GSK's Blenrep (belantamab mafodotin), building on GSK's commercial and medical expertise in hematology. If momelotinib is approved, GSK expects momelotinib will contribute to GSK's growing…

Benzinga

24 Biggest Movers From Yesterday

Gainers

Benzinga

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Tesla Said To Battle Bill That Could See Direct Sales, OTA Updates Banned In Oklahoma

Tesla Inc (NASDAQ: TSLA) is reaching out to supporters to push against a bill that would prohibit direct sales and close both service centers and showrooms in Oklahoma, electric vehicle news portal Teslarati

Benzinga

A Peek Into The Markets: US Stock Futures Move Back Up Following High Inflation Data

Pre-open movers U.S. stock futures traded upwards in early trade after the Nasdaq Composite index closes at 13,371.57, a marginal dip of around 40 points. After witnessing a dip in the first two days of the week, stock futures are inching towards recovery.

Benzinga

Blackrock To Introduce Its First China ETF In 2022: Reuters

According to two people with close knowledge of the matter, BlackRock, Inc. (NYSE: BLK) plans to launch its first product in China's $220 billion onshore exchange-traded funds (ETF) market later this year and has started hiring accordingly.

Benzinga

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Inc (NYSE:WMT) has appointed John Rainey as its Executive Vice President and Chief Financial Officer (CFO), effective June 6, 2022. Rainey joins the company from PayPal Holdings Inc (NASDAQ:PYPL), where he currently serves as the CFO and EVP, Global Customer Operations. After almost seven years at PayPal, Rainey is leaving the company to join Walmart. He…

Benzinga

IGT Inks Patent Cross-Licensing Agreement With Aristocrat Leisure

International Game Technology PLC (NYSE:IGT) has signed a broad patent cross-licensing agreement with Aristocrat Leisure Limited, including patents related to game features and remote game server (RGS) technologies. The financial terms of the deal were not disclosed. Under the agreement, IGT will be able to offer licenses to the companies' combined game features and…

Benzinga

Why AMC Stock Is Moving Higher Today

AMC Entertainment Holdings, Inc. (NYSE: AMC) stock is seeing an upward bounce in pre-market trading on Wednesday.

Benzinga

Warren Buffett-Backed Tesla Rival BYD Teases Upcoming Electric Sedan With More More Images, Specs

Chinese automaker BYD Co (OTC: BYDDY) has teased more images and specifications of its upcoming electric sedan Seal, CnEVpost reported on Wednesday, citing the company.

Benzinga

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news in one place.

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Benzinga

Spotify Said To Lose Key Podcast Executive Credited With Scoring Joe Rogan Deal

A Spotify Technology S.A. (NYSE: SPOT) executive who was instrumental in roping in Joe Rogan is leaving the company.

Benzinga

Why India Has Barred 90 Pilots From Flying Boeing's 737 Max

India's civil aviation regulator has barred 90 pilots of the country's second-largest private airline from flying Boeing Co's (NYSE: BA) 737 Max aircraft.

Benzinga

Why Tesla Rivals Nio, Xpeng Are Struggling In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO), Xpeng Inc. (NYSE: XPEV), and Li Auto Inc. (NASDAQ: LI) struggled in Hong Kong on Wednesday.

Benzinga

Elon Musk Sued By Former Twitter Shareholders Over Late Stake Disclosure: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk was on Tuesday sued by former Twitter Inc (NYSE: TWTR) shareholders for failing to r

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Benzinga

Etsy Strike: Why Are Sellers Protesting And What Could It Mean For The Stock

Benzinga

10 Industrials Stocks Moving In Tuesday's After-Market Session

Gainers Sentage Holdings (NASDAQ:SNTG) stock moved upwards by 8.3% to $0.89 during Tuesday's after-market session. The company's market cap stands at $12.4 million.

Benzinga

What 5 Analyst Ratings Have To Say About Apollo Global Management

Analysts have provided the following ratings for Apollo Global Management (NYSE:APO) within the last quarter:

Benzinga

What 5 Analyst Ratings Have To Say About Juniper Networks

Within the last quarter, Juniper Networks (NYSE:JNPR) has observed the following analyst ratings:

Benzinga

Betting Against U.S. Treasury Bonds Pays Off: Seizing Russia's Dollar Assets Doesn't Seem To Have Made U.S. Treasuries More Attractive To Foreign Buyers

A Bearish Bet On U.S. Treasury Bonds Last Month

Benzinga

Check Out What Whales Are Doing With CF Industries Holdings

A whale with a lot of money to spend has taken a noticeably bearish stance on CF Industries Holdings. Looking at options history for CF Industries Holdings (NYSE:CF) we detected 16 strange trades.

Benzinga

What Are Whales Doing With Twilio

Someone with a lot of money to spend has taken a bearish stance on Twilio (NYSE:TWLO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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